TOPAZ ENERGY CORP (TPZ.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:TPZ - CA89055A2039 - Common Stock
We assign a technical rating of 5 out of 10 to TPZ. Although TPZ is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, TPZ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 27.34, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
21.88
4 important support areas can be observed.
- A support zone ranging from 26.63 to 27.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.20 to 25.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.38 to 24.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.10 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 27.86 to 28.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.91 to 29.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TPZ.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TPZ.CA is up. |
| ChartMill Relative Strength | 36.34 | NEUTRAL | TPZ.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TPZ.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TPZ.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TPZ.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.66 | NEUTRAL | The RSI value for TPZ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests TPZ.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.61 | NEUTRAL | The Stochastics value for TPZ.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for TPZ.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 22.16 | NEUTRAL | The ADX value for TPZ.CA suggests a possible start of a new trend. |
TSX:TPZ (12/30/2025, 7:00:00 PM)
27.62
+0.15 (+0.55%)
TOPAZ ENERGY CORP / TPZ.CA FAQ
What is the ChartMill technical rating of TOPAZ ENERGY CORP (TPZ.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to TPZ.CA.
What is the trend direction for TPZ stock?
The current trend direction for TOPAZ ENERGY CORP (TPZ.CA) is Bullish.
Can you provide the RSI signal for TOPAZ ENERGY CORP?
TOPAZ ENERGY CORP (TPZ.CA) has an RSI value of 52.6607. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TOPAZ ENERGY CORP?
The short term momentum for TOPAZ ENERGY CORP (TPZ.CA) is positive.
What are the support and resistance levels for TOPAZ ENERGY CORP (TPZ.CA) stock?
TOPAZ ENERGY CORP (TPZ.CA) has a support level at 27.34 and a resistance level at 27.86. Check the full technical report for our detailed analysis of TPZ.CA support and resistance levels.